LOS ANGELES--(BUSINESS WIRE)--Sept. 19, 2006--U.S. Bank and Korean
Air are giving SKYPASS Visa(R) cardmembers a new reason to value their
cards, with the introduction of the SKYPASS Visa Signature card. Many
Korean Americans already appreciate the benefits of using their
SKYPASS Visa card. Now, the Signature card allows cardmembers to take
advantage of new privileges offered to Signature members.
Cardmembers receive the same benefits that were provided to
Platinum cardmembers, plus additional prestigious benefits all at the
same annual fee. SKYPASS Visa Signature cardmembers receive double
miles on Korean Air ticket purchases, annual renewal bonus miles, two
Korean Air VIP lounge coupons and a $100 discount coupon on a Korean
Air online ticket purchase each year. Signature benefits include a no
pre-set spending limit, so cardmembers do not have the inconvenience
of using their card within a specified credit limit. They also have
the option to carry a balance.
With SKYPASS Visa Signature card, cardmembers enjoy exclusive
benefits they have never experienced with any other card. Visa
Signature benefits include:
- Visa Signature Concierge, which provides expert staff to help
cardmembers with travel and entertainment needs wherever they
are and whenever they need it;
- Visa Signature Privileges, giving cardmembers special
discounts and offers from many of the world's finest hotels
and resorts, spas, premier retail merchants and travel
- Visa Signature Access, which lets cardmembers gain entry to
exclusive, unique experiences and once-in-a-lifetime events,
including sports and concerts;
- Visa Signature Dining, enabling cardmembers to secure a table
at some of the most exclusive restaurants in the country; and
- Travel accident insurance of $1,000,000 in coverage.
The Signature card is a perfect complement to the SKYPASS Visa
product set. U.S. Bank currently offers six SKYPASS Visa cards
including: SkyBlue with no annual fee, Signature, Classic, and Secured
for personal use or Business and the Company card for business needs.
The SKYPASS Visa allows customers to earn miles for the dollars
they charge with no cap on the miles earned and their miles never
expire. The accumulated SKYPASS miles are combined with their Korean
Air flight miles and can be redeemed for free travel rewards on Korean
Air and SkyTeam partners or for free upgrades on Korean Air flights.
For more information on SKYPASS Visa visit www.skypassvisa.com.
The SKYPASS Visa partner Korean Air has a fleet of 118 aircraft
and is one of the world's top 20 airlines, operating almost 400
flights per day to 92 cities in 32 countries. Last summer, they
launched their tenth United States gateway in Seattle. In September
this year, Korean Air is adding Las Vegas as its thirteenth North
American (U.S. and Canada) gateway -- more than any other Asian
airline. Korean Air is a founding member of SkyTeam, the global
alliance partnering AeroMexico, Air France, Alitalia, CSA Czech
Airlines, Delta, Northwest, Continental and KLM. Korean Air has won
the coveted "Phoenix Award" from Air Transport World (ATW) for
successfully overcoming challenges faced by major growing airlines in
the global airline industry. Korean Air flies the world's largest
commercial airline cargo operation. For more information on Korean Air
U.S. Bancorp (NYSE:USB), with assets of $213 billion, is the 6th
largest financial holding company in the United States. The company
operates 2,434 banking offices and 4,966 ATMs, and provides a
comprehensive line of banking, brokerage, insurance, investment,
mortgage, trust and payment services products to consumers, businesses
and institutions. U.S. Bancorp is the parent company of U.S. Bank.
Visit U.S. Bancorp on the web at www.usbank.com.
CONTACT: U.S. Bank
Teri Charest, 612-303-0732
SOURCE: U.S. Bank